Business is an economic activity which entails the continuous and regular production and distribution of goods and services which satisfy human needs and wants. Due to the constant exchange of goods and services, a businessperson regularly deals in numerous transactions with the objective to earn profits even under unstable market conditions. Each of these business transactions involve two or more parties, that being a buyer and a seller. Therefore, business is essentially the contract between these two parties. Along with the production and supplement of various commodities, a businessperson ensures to promote consumer's satisfaction. This results in the success and longevity of a business company.
To be successful in business, an individual must encompass certain business personalities...Read More